Question 1173348: ) The demand function for an office supply company's line of plastic rulers is p=0.85-0.000459, where p is the price in dollars) per unit when q units are demanded (per day) by consumers. Find the level of production that will maximize the manufacturer's total revenue, and determine this revenue.
Answer by ikleyn(52776)   (Show Source):
You can put this solution on YOUR website! .
) The demand function for an office supply company's line of plastic rulers is p=0.85-0.000459,
where p is the price in dollars) per unit when q units are demanded (per day) by consumers.
Find the level of production that will maximize the manufacturer's total revenue, and determine this revenue.
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Hello, the formula p=0.85-0.000459 in your post is INCORRECT,
since it DOES NOT contain "q".
Do not forget to post your "THANKS" to me for pointing your error.
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